EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Yen Carry Trade Explainer علاقة العوائد و الدولار و الين و المؤشرات
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لا أقدر ابعث هدية العيد لكل واحد منكم، لكن تفضلوا بفيديو يفسر اسئلة شائعة تجدها في كل مكان لكن للأسف و لا المحليين و لا المذيعين/المذيعات ما يقتربوا اليها فتفضلوا بقرائة أجزاء الفيديو
I cannot give you to each one of you a present for Eid but I created this video to answer highly frequent questions. Please see the chapters breakdown below
BLS attributing jobless claims # to administrative issues, market focusing more on Empire State # which came out hot but the glaring observation is the increase in prices paid and the decrease in prices received, implying pressure on profit margins going forward.
Tons of data coming out today mixed in with Fed speak.
Tons of data coming out today mixed in with Fed speak.
GGB yield curve almost as ugly as it was pre-last weekend
2y 6.74
3y 7.26
4y 7.47
5y 7.21
6y 7.29
7y 7.35
8y 7.32
9y 7.34
10y 7.16
15y 7.19
20y 0.00
Like many here, I am a long-term gold bull as well but will trade the trends in the interim as I don't believe gold will fully breakout until there is confirmed velocity to this money, though the market will do everything it can to front-run that velocity. I would not be surprised to a new high set in 2010, however, I personally would not be comfortable entering into a locked in long (i.e. you will not trade around that core position) any earlier than the 200 day MA. If the 200 day fails, then I would expect it to occur in the midst of a double-dip but would anticipate a bounce in the low-to-mid 800s, establishing a higher high (higher than the 700 area we capitulated to in 2007) and revealing a trendline drawn from the lows in 2003 and 2008, essentially the last two times gold touched or came extremely close to touching the 200 day MA as support.
Just my personal current outlook, nothing more.
"The European Union is suing Greece to force it to repay 230 million euros (about $313 million) in what it says were illegal subsidies given to the Hellenic Shipyards between 1996 and 2002, the European Commission said April 14, AFP reported. EU Competition Commissioner Joaquin Almunia said in a statement that Greece had not followed EU conditions when giving the aid to the financially stricken shipyards."
The USD does indeed look like it will fail the trendline as it is now under the 50day EMA for the majority of this day, but I also view this as a great opportunity for an explosive USD rally catching many by surprise off what appears to be vulnerable support.